https://www.taxtmi.com/caselaws?id=793806 Where immovable property is booked under an earlier allotment letter and consideration is paid through banking channels before the registered agreement, the first proviso to section 56(2)(x)(b)(B) requires stamp duty value to be taken on the agreement or allotment date, not the later registration date. The appellate record also noted that valuation material and ready reckoner value for the earlier year were relevant to determine the correct statutory comparison, so additional evidence was admitted for proper adjudication. The Assessing Officer was directed to verify the authenticity and correctness of those documents, and the addition based on the registration-date value was sent back for fresh examination. en-us Mon, 22 Jun 2026 00:00:00 +0530 Wed, 24 Jun 2026 07:08:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793806 Where immovable property is booked under an earlier allotment letter and consideration is paid through banking channels before the registered agreement, the first proviso to section 56(2)(x)(b)(B) requires stamp duty value to be taken on the agreement or allotment date, not the later registration date. The appellate record also noted that valuation material and ready reckoner value for the earlier year were relevant to determine the correct statutory comparison, so additional evidence was admitted for proper adjudication. The Assessing Officer was directed to verify the authenticity and correctness of those documents, and the addition based on the registration-date value was sent back for fresh examination. Case-Laws Income Tax Mon, 22 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793806